Contributor(s): Professor Julia Black, Dr Jon Danielsson, Professor Charles Goodhart, Professor Katharina Pistor | In financial markets law and finance are intrinsically connected. When markets collapse, however, legal rules are pushed into the background and other forces take over. Julia Black is a Professor of Law and Pro-Director for Research at LSE. Jon Danielsson (@JonDanielsson) is Director of the Systemic Risk Centre. Charles Goodhart is Emeritus Professor of Banking and Finance at LSE. Katharina Pistor is the Michael I Sovern Professor of Law at Columbia Law School. LSE Law (@lselaw) is an integral part of the School's mission, plays a major role in policy debates & in the education of lawyers and law teachers from around the world. The Systemic Risk Centre (@LSE_SRC) investigates the risks that may trigger the next financial crisis and develops practical tools to help policy-makers and private institutions become better prepared. The Law and Financial Markets Project is based in the LSE's Law Department and explores the interactions of law, regulation, financial markets and financial institutions, principally within the EU and the UK. Credits: Tom Sturdy (Audio Post-Production), LSE AV Services (Audio Recording).